$180,000

7 Beds   3 Baths   3,750 Sq. Ft.   Multi-Family
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Calvert St
Detroit, MI 48206

Overview

This Multi-Family As-Is Deal is located at Calvert St, Detroit, MI 48206. It has 7 Beds, 3 Baths , 3,750 sqft of living space. This property is As-Is Deal with an estimated market value of $60,411.
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Status: Active
Listing ID: 60837462
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Learn about Calvert St in Detroit, MI

This multi-family property is available as a as-is deal at Calvert St. It has 7 bedrooms, 3 bathrooms, and 3,750 square feet of living space. Based on our analysis of the current market conditions in Detroit for Calvert St and comparable listings, the estimated market value is $60,411. The property located at multi-family has potential equity of $-118,368. If purchased for rental purposes, the monthly rental rate could range between $1,181 and $1,780. For those interested in resale, the estimated profit from selling is $-118,368. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Calvert St are updated daily along with others in Detroit, Michigan.


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All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

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Community & Neighborhood

This property in Detroit, MI is located in the Joy Farm Plats Subdivision.


As-Is Deal

The property located at Calvert St in Detroit, MI is listed as a As-Is Deal

This is an active As-Is Deal listing located in Detroit, Michigan. Properties on static.foreclosure.com are typically available for deep discounts that can often reach 50 percent or more!
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First Steps to Buying a Real Estate Deal

Properties that are labeled as "Deals" can be structured in a variety of ways depending upon the condition of the property and its title, and depending upon your own motivation. These properties are not necessarily in a foreclosure, preforeclosure, bankruptcy, etc. and may just be available for sale by the current owner. For the handy person who knows construction and remodeling, purchasing a 'fixer upper' and bringing it up to standards offers terrific potential for profit. Likewise, ‘as is’ properties offer no guarantee as to the condition of the property or its title, but can represent a unique opportunity for the real estate investor willing to make the effort to identify any hidden flaws and factor that into the purchase.

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Rental Value

The estimated rental value for Calvert St located in Detroit, MI is $1,480/month. Comparable homes around Calvert St that are rentals have monthly ranges starting as low as $1,181 per month and as high as $1,780 per month. An owner looking to use this property as an investment could bring a return in the area of $1,181 - $1,780 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
08/17/12 10/22/12 Foreclosure

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Calvert St
Detroit, MI 48206

7 Beds   3 Baths   3,750 sq. ft.   Multi-Family

$180,000

Status: Active Listing ID: 60837462

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Calvert-St-Detroit-MI-48206/60837462_lid

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